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These were the biggest clinical trial operations deals in the three months to August 2021

These were the biggest clinical trial operations deals in the three months to August 2021
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China s Stemirna raises $188M to fund mRNA COVID-19 vaccine

China’s Stemirna Therapeutics has raised RMB 1.2 billion ($188 million) to bankroll development of an mRNA vaccine against COVID-19. Sequoia Capital China co-led the financing with backers including WuXi AppTec plus assists from OrbiMed and other investors. 

Sequoia China co-leads $188m round in Covid vaccine developer Stemirna

Sequoia China co-leads $188m round in Covid vaccine developer Stemirna Photo: National Cancer Institute/Unsplash June 3, 2021 mRNA driven drugs and vaccines maker Stemirna Therapeutics on Thursday announced that it has raked in 1.2 billion yuan ($188 million) in a new funding round jointly led by Sequoia Capital China, state-backed China Merchants Medical and Healthcare Industry Equity Fund, Chinese global pharma major WuXi AppTec and Greenwoods Investment.  The round also saw participation from a slew of investors including New York-based OrbiMed Healthcare Fund Management, China-focused Advantech Capital, China Reform Holdings’ sub-fund Guoxin Guotong, China Merchants Bank’s CMB International, Efund, Forebright, Tsing Song Capital, and CITIC Securities. 

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